With so much information around superannuation, it is difficult to understand the in’s and out’s. Is an SMSF cheaper or right for me? What is the difference between my current superannuation account and that of an SMSF? We break it down below.
The pool of superannuation benefits in Australia is increasing at a rapid rate and so are the amount of SMSF’s being established, which make them the new hot topic; however you need to understand the costs and responsibilities involved before committing to this structure.